Industry execs see era of slower sales growth in China

Nov. 22, 2015 23:34 CET

Executives gathered last week at the Guangzhou auto show were unanimous in their view that the days of exponential growth are over, underscoring how a sharp economic slowdown has tempered expectations in the world's largest car market....
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Japanese supplier INOAC agrees to $2.35 million U.S. price-fixing fine

3:35 pm U.S. ET | Nov. 19, 2015

Japanese supplier INOAC agreed to plead guilty to fixing prices -- and pay a $2.35 million criminal fine -- on auto parts sold to Toyota between 2004 and 2012, the U.S. Justice Department said today....
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VW will delay China JV stake increase due to scandal costs

Nov. 19, 2015 12:43 CET

VW is delaying its plan to boost its stake in its joint venture with China's FAW Group after reviewing the investment in the wake of its emissions-cheating scandal....
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VW faces $72 million lawsuit in Australia over emissions scandal

Nov. 19, 2015 11:46 CET

VW is facing a class action lawsuit in Australia from people who own diesel vehicles caught up in the group's emissions scandal. Lawyers are seeking total damages in excess of $72 million....
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Geely plans hybrid, electric versions for 90% of models by 2020

8:11 am U.S. ET | Nov. 18, 2015

Geely said it will equip more than 90 percent of its models with alternative-energy powertrains in the next five years, the most ambitious plan by a Chinese carmaker so far to improve fuel efficiency ahead of a government-mandated deadline....
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BLOG: Toyota delivers on promise of meaner, greener Prius

3:00 am U.S. ET | Nov. 18, 2015

The minute you grab the wheel of the fourth-generation Toyota Prius hybrid, you feel the difference. The steering is heavy, precise, deliberate -- not light, loose and dead like the steering in the outgoing version....
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Ford, Fiat Chrysler benefit as Turkey production set to hit record

Nov. 15, 2015 06:01 CET

Ford, Fiat Chrysler and Renault are set to benefit further after Turkey's automotive industry association raised its production and export forecasts to record highs....
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VW's global sales fall 5.3% in October amid emissions scandal

10:44 am U.S. ET | Nov. 13, 2015

Global deliveries at Volkswagen AG's namesake passenger-car brand dropped 5.3 percent in October as Europe's largest automaker struggled to contain the fallout from a cascade of emissions-manipulation revelations....
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GM moves forward with plans to sell China-made Buick crossover in U.S.

2:00 pm U.S. ET | Nov. 12, 2015

GM is moving ahead with plans to sell the Chinese-made Buick Envision crossover in the U.S. The five-seat Envision would become the first light vehicle built in China and sold in the U.S. by the Detroit 3....
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China auto sales rise most in 10 months after tax cut

2:04 am U.S. ET | Nov. 11, 2015

Light-vehicle sales rose at the fastest pace in 10 months after the government cut a tax on purchases, benefiting carmakers like Great Wall Motor and adding to evidence that demand is rebounding in the world's largest auto market after a summer slowdown....
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Takata crisis hands rival Autoliv chance to go big in Japan

12:01 am U.S. ET | Nov. 11, 2015

Sweden's Autoliv could capitalize on the crisis engulfing its rival Takata by finally extending its global leadership to the one major auto hub it has been unable to dominate -- Japan. Autoliv is the world's top maker of equipment such as airbags and seat belts, but it has struggled to break ties between Japan's carmakers and Takata....
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BLOG: Lower turnout, more excitement at Tokyo auto show

6:59 am U.S. ET | Nov. 11, 2015

The Tokyo auto show finished this week short of the attendance set by the last confab in 2013 but scored big buzz with a barrage of concepts and autonomous-driving discourse....
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BLOG: German premium brands should embrace China's Internet sales craze

6:08 am U.S. ET | Nov. 11, 2015

Audi and rival German premium carmakers dominate the Chinese auto market but they are missing out on an e-commerce boom that celebrates its annual peak today....
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BMW names Brilliance JV boss as new China chief

Nov. 9, 2015 11:12 CET

BMW named Olaf Kastner to oversee the automaker's business in China where it has been losing some ground to rival Mercedes in recent months. Kastner replaces Karsten Engel, who will return to Germany....
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Japan's diversity drive is pushing women out of 'office lady' status and up to new heights

12:01 am U.S. ET | Nov. 9, 2015

Japan's long male-dominated auto industry is evolving. Today, women are reaching new heights, from holding key r&d posts and achieving chief engineer status to running key overseas units. What's more, Japanese automakers are pursuing publicized targets to promote more women....
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Renault and Nissan will share technology for autonomous driving

Nov. 8, 2015 06:01 CET

Renault will benefit from the autonomous driving technology that Nissan is developing and vice versa. Renault plans to sell cars that can autonomously drive in traffic jams starting next year....
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Mercedes sales rise 13% in October on China demand

Nov. 6, 2015 12:56 CET

Mercedes-Benz boosted sales by 13 percent to 165,706 in October, buoyed by continued growth in China....
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Tata Motors posts surprise loss on China slump, blast costs

8:37 am U.S. ET | Nov. 6, 2015

A slump in China sales at Jaguar Land Rover amid a market slowdown and a one-time expense contributed to its Indian parent Tata Motors posting an unexpected loss....
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U.S. trade chief defends Pacific trade deal auto rules

10:41 am U.S. ET | Nov. 5, 2015

U.S. Trade Representative Michael Froman defended rules governing trade in autos as part of a Pacific trade pact and warned that trying to renegotiate parts of the deal could unravel the whole thing....
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GM China sales rebound, set monthly record on strong Buick volume

2:10 pm U.S. ET | Nov. 5, 2015

GM's China sales rebounded strongly and reached a record monthly high in October after a three-month decline as robust demand for Buick models fueled a 15 percent increase year on year to 327,037 vehicles....
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Chinese-backed startup targets Tesla with $1 billion U.S. plant

11:52 am U.S. ET | Nov. 5, 2015

Faraday Future, the startup backed by Chinese billionaire Jia Yueting, has big dreams of taking on Tesla Motors, starting with a $1 billion investment in a new U.S. factory that will build electric cars starting in 2017....
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Mazda quarterly profit surges on higher sales, cost cutting

8:04 am U.S. ET | Nov. 5, 2015

Mazda today reported a major increase in operating profit in the latest quarter on the back of rising sales in Europe and Japan and aggressive cost cutting....
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Suzuki lifts annual profit outlook on strong India, VW stake sale

Nov. 4, 2015 11:38 CET

Suzuki says it has lifted its annual net profit forecast by 14 percent, citing better-than-expected earnings in India and the sale of its stake in Volkswagen Group....
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Tavares outlines PSA's product, technology offensive

Nov. 3, 2015 06:01 CET

PSA/Peugeot-Citroen CEO Carlos Tavares is convinced that the good times at the automaker have only just begun as the company readies a product and technology offensive that will help counteract Russia's sales slump and China's slowdown....
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Toyoda says sexiness is in, utility is out for Lexus vehicles

12:01 am U.S. ET | Nov. 2, 2015

Anxious to boost Lexus' sex appeal, Akio Toyoda is making clear which categories of vehicles will work for the luxury brand and which simply aren't seductive enough....
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GM's Barra: Tapping into ideas from Silicon Valley

GM's Barra: Tapping into ideas from Silicon Valley

General Motors CEO Mary Barra comments on lessons from mom; girls who shy away from math; slicing a 10-page policy down to two words; tapping millennials to erase stupid habits; taking regular trips to Silicon...
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